teambacktotrade

16:41

teambacktotrade

Hello everyone, Welcome to a new trading week. I hope you have had some good trades. The market was not that kind lately and you can get punished very easily if you are not quick with your profits. My recommendation is to use small positions for now until we have some clear bias. I think Friday's NFP will play an important role in establishing the direction for...

15:48

teambacktotrade

Hello Everyone, Doom & gloom? Not quite. Although i missed some good shorts across the board i am going to be patient and let the price dictate what happens next and what should i do. Sometimes you miss trades, in hindsight, it seemed easy to take a short but it was a 50/50 gamble and i am okay with missing out some trades. I always follow my plan and i think...

19:50

teambacktotrade

Hello hello everyone, Long time no see. Its been a while since i've been doing updates but its good to be back again. We have some very interesting plays that we are ready for. Let's start with a few 1. #EURUSD - been in a very long range on the daily and what really caught my eye is the formation of a potential quasimodo pattern and a breakout to the upside....

16:19

teambacktotrade

Hello everyone, I have reviewed the trades we took last week and currently sidelined. Not much from me except being patient and wait for something to happen. I think there should be more dollar strength coming into the month end but i would rather just wait for data to unfold the bias. I hope you enjoyed the update and let me know if you have questions Cheers

19:06

teambacktotrade

Hello everyone, Welcome to a new trading week! The fx market is a bit muted after the CPI fiasco. It seems like the dollar was range bound across the board but i am expecting some volatile moves once February starts to kick in. I do not see any reason why the eurozone should be ahead of the dollar while the US is still standing strong. Things can change obviously...

10:53

teambacktotrade

Hello everyone and happy new year! I have put into this video some macro key points that i think will impact the market in this quarter. Obviously its good to have a safe approach on the markets and take it easy. From a seasonal point of view the dollar is very strong in January. Usually it bottoms mid-end January and then shoots higher till end of March. *if...

19:00

teambacktotrade

Hello everyone, I hope all is well and welcome to a new trading week. In this video i have reviewed some trades that we took this week. Although was wrong on some ideas we had the winners outweigh the losers. Currently the market is in a make or break moment and we might have the Santa Rally for indices till FOMC. With NFP in sight i think we might...

14:23

teambacktotrade

Hello everyone, Welcome to a new trading week. We are waiting for the markets to open on Monday and lets see what happens from there. All the trades that i have taken are reviewed and explained the reasoning. Unfortunately i do not have that many things in sight for this coming week and i am a bit in wait and see mode. I am expecting some volatility this week...

17:38

teambacktotrade

Hello everyone, Welcome to a new trading week and i hope it will be a good one. In this update i am talking about the fact that we might have reached peak rates in the US and the Fed are starting to rethink their strategy. I do not believe there will be any rate hikes for the December meeting. The data is starting to deteriorate and this is the lagging effect of...

18:55

teambacktotrade

Hello everyone, Get prepared for a new trading week and i hope its going to be a very interesting one. The aftermath of NFP really played well and things start to improve. The dollar was an overcrowded position and needs a reset before continuing higher if its going to do so.